ORLEN Group Reports Record Q3 2025 Profit and Investment

Investment and Financial Performance

In 2025, ORLEN Group invested over PLN 21 billion to bolster Poland's energy security, marking the highest investment in its history. The third quarter saw a LIFO-based EBITDA of PLN 8.9 billion, contributing to a near PLN 30 billion total for the first nine months. Revenue for the quarter was PLN 61 billion, with an operating cash flow of PLN 8.2 billion.

Segment Performance

The Upstream & Supply segment generated an EBITDA of PLN 3.3 billion, with an average daily hydrocarbon production of 197 thousand boe. The Downstream segment achieved a LIFO-based EBITDA of PLN 2.4 billion, processing 10.2 million tonnes of crude oil. The Energy segment reported an EBITDA of PLN 2.2 billion, driven by increased gas distribution and renewable energy output.

Renewable Energy and Infrastructure

ORLEN advanced its Baltic Power offshore wind farm, installing over 50 foundations and several turbines. The Group's total installed capacity reached 6.3 GWe, with renewable capacity up 60% year-on-year to 1.7 GWe. A new 44 MW solar PV system will supply power to the Mažeikiai refinery.

Strategic Developments

In Norway, ORLEN discovered the Omega Alfa field, adding 134 million barrels of oil equivalent to its reserves. The HVO unit, entering the commissioning phase, will produce biocomponents from rapeseed oil and used cooking oil. ORLEN also secured PLN 3.5 billion in debt funding for offshore wind development and signed a contract with Equinor for over 6 million tonnes of crude oil.